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A slow destruction of misallocated investment is more likely than a sudden stop
LBO financing includes $5.75bn term loan to be priced early next week
Investors eye 2028, 2031, 2032 as big years for loan maturities
Even leveraged deals still being underwritten, though banks are selective
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Retailer issued its second subprime transaction of 2023 amid unsecured debt exchange
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Issuers aim to price their deals near where Bain Capital's CLO landed this week
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Christian Aid dumping Barclays for fossil fuel finance highlights bank’s unclear progress
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The issuer was looking to get ahead of an expected wave of autumn issuance
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Digital infrastructure provider pays higher spread on second ABS of the year
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Investment firm’s head of structured credit believes CMBS is the ‘most distressed’ asset class